Analysts have been eager to weigh in on the Technology sector with new ratings on Microsoft (MSFT – Research Report) and Accenture (ACN – Research Report).
Microsoft (MSFT)
J.P. Morgan analyst Mark Murphy maintained a Buy rating on Microsoft today and set a price target of $315.00. The company’s shares closed last Tuesday at $333.68, close to its 52-week high of $338.56.
According to TipRanks.com, Murphy is a 5-star analyst with an average return of
Currently, the analyst consensus on Microsoft is a Strong Buy with an average price target of $344.30, a 2.7% upside from current levels. In a report issued on May 25, Goldman Sachs also reiterated a Buy rating on the stock with a $350.00 price target.
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Accenture (ACN)
In a report issued on June 2, David Koning from Robert W. Baird maintained a Hold rating on Accenture, with a price target of $290.00. The company’s shares closed last Tuesday at $308.04.
According to TipRanks.com, Koning is a 4-star analyst with an average return of
Accenture has an analyst consensus of Moderate Buy, with a price target consensus of $319.25.
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